Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Market Trends & Data
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

3,673
Posts
3,452
Votes
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
Votes |
3,673
Posts

Have you seen what's coming to Columbus?

Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Posted

Check out these companies that are bringing in over 21 billion dollars worth of investments in the Central Ohio area creating over 6,000 new jobs! All the more reason to invest and start your real estate journey.

Most Popular Reply

User Stats

275
Posts
173
Votes
Ed W.
  • Investor / Landlord
  • Columbus, OH
173
Votes |
275
Posts
Ed W.
  • Investor / Landlord
  • Columbus, OH
Replied

A caution, particularly for newbies.  What the real estate agents have said about Central Ohio growth is true - it looks very promising.  There is another truth - one that is notable and longstanding.  The core truth of real estate investing is that you should make your money when you buy.  That means that you should not buy a property based on the promise of future appreciation (or future growth, etc.).  Get solid cash flow and, preferably, a truly discounted price.  I've never met the agents who have contributed to this thread and they have all been solid contributors to this site in terms of the number of posts, questions answered, etc. but I don't know what sort of deals they propose to their clients. They may be the best deals on the planet.  The bottom line is that far too many agents propose deals that are very good for earning commissions but are marginal - at best - as investments and, at times, poor to very poor as investments. Again, this caution is not agent specific.  Don't be over-eager to do your first deal.  Learn the business (this site is a great place to start along with local real estate investment organizations), make sure what is proposed is sound, and make thoughtful investments.

Loading replies...